Bunker Industry On ‘A Smooth Transition’ Towards Decarbonization

Global bunker industry’s smooth transition to IMO 2020 helps to achieve the next goal of decarbonization equally free of hurdles.
VLSFO bunker fuel quality i.e., 4% of VLSFO and 1.7% of MGO’s, issues not as much as expected
Compliance to the rule has also been fairly good despite the challenges posed by COVID-19 pandemic.
IMO greenhouse gases emission cut targets looming, decarbonization has become a focal point for the industry.
Ammonia, hydrogen, LNG were among the various alternatives being...